HealthLynked Balance Sheet Health

Financial Health criteria checks 4/6

HealthLynked has a total shareholder equity of $221.5K and total debt of $1.3M, which brings its debt-to-equity ratio to 600.9%. Its total assets and total liabilities are $3.9M and $3.7M respectively.

Key information

600.9%

Debt to equity ratio

US$1.33m

Debt

Interest coverage ration/a
CashUS$23.49k
EquityUS$221.49k
Total liabilitiesUS$3.67m
Total assetsUS$3.89m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HLYK's short term assets ($1.9M) do not cover its short term liabilities ($2.7M).

Long Term Liabilities: HLYK's short term assets ($1.9M) exceed its long term liabilities ($974.5K).


Debt to Equity History and Analysis

Debt Level: HLYK's net debt to equity ratio (590.3%) is considered high.

Reducing Debt: HLYK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: HLYK has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.

Forecast Cash Runway: HLYK is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.